Neo Performance Materials Inc.'s Board of Directors have appointed Mr. Yadin Rozov and Ms. Zhe Zhao as directors of the Company to fill the vacancies resulting from the resignation of Mr. Brook Hinchman and Mr. Gregory Share. Yadin Rozov is an investment professional with over 20 years of experience in capital markets, corporate finance, investment banking, and investment management with substantial experience in corporate strategy and governance. He is the founder and Managing Partner of Terrace Edge Ventures LLC, a financial advisory firm.

Previously, Mr. Rozov was a Partner of GoldenTree Asset Management LLC, a leading global credit asset management firm, where he also served as the Chief Executive Officer and President of Syncora Guarantee Inc. and Chief Executive Officer of Financial Guaranty UK Ltd, each of which are stand-alone specialty insurance companies owned by GoldenTree. Additionally, he was a Partner and Managing Director at Moelis & Company where he headed the Financial Institution Advisory group. While at Moelis, Mr. Rozov helped co-found College Avenue Student Loans LLC and served on its board and co-founded Chamonix Partners Capital Management LLC.

Before Moelis, Mr. Rozov was a Managing Director at UBS AG, where he was the Head of the Americas for the Repositioning Group. He also serves on the Board of Directors of Oramed Pharmaceuticals Inc. Mr. Rozov earned an M.Sc. in data science from Columbia University and a bachelor's degree with honors in physics and materials engineering from Rutgers University.

Zhe Zhao is a Vice President in the Global Opportunities group at Oaktree Capital Management, L.P. Ms. Zhao joined Oaktree in 2021 from Marathon Asset Management, where she served as a vice president of distressed investments. There, Ms. Zhao was responsible for sourcing and analyzing long and short investment opportunities across a variety of security classes, including stressed and distressed public and private credit. Prior thereto, Ms. Zhao was an analyst at Davidson Kempner Capital Management focusing on distressed real estate assets.

Ms. Zhao began her career as an investment banking analyst with Deutsche Bank Securities before moving to Brookfield Asset Management as a private equity analyst. Ms. Zhao earned a B.S. degree in economics from Duke University and is fluent in Mandarin. Mr. Brook Hinchman, Managing Director and Co-Head of North America for Oaktree's Global Opportunities strategy at Oaktree Capital Management, L.P., joined Neo as a director in October 2017 at the time of its initial public offering.

Mr. Gregory Share, Managing Director for the Opportunities Fund within Oaktree Capital Management, L.P., joined Neo as a director in July 2020. Neo would like to thank Mr. Hinchman and Mr. Share for their contributions as directors during their tenure.